Expected operating loss of 90 billion yen ($740m) is Toshiba’s first for six years and compares with a 137.8bn yen profit in the same period final yearThe Japanese electronics company Toshiba is bracing for huge losses as it counts the cost of an accounting scandal.[br]The firm is expected to announce an operating loss of 90 billion yen ($US740m) for the six months through to September, according to a report in the Nikkei commerce daily.
Continue reading...
Source: theguardian.com